Answer:
4) GDP will tend to increasingly understate the level of output through time.
Explanation:
The GDP includes all the final and legal goods and services produced within a country during a year, and underground economies usually involve illegal activities. Since the GDP does not include underground activities (e.g. unreported income, illegal drugs, prostitution, gambling, etc.), it will understate the true level of economic activity.
The GDP only includes activities that are subject to taxes, but some economists estimate that the size of the US underground economy is between $2.25 trillion to $2.46 trillion.
Answer:
Limit your use!
Explanation:
The best way to reduce anything in life is to limit exposure to the thing. Social media is no different. Many apps are specifically designed to hook your brain on them by utilizing positive reinforcement, most obviously in the form of recieving validation, "likes" or "kudos". If you can sort of wean your brain off of the dopamine rush you recieve any time you receive that validation, it will be much easier to put the phone down and reduce your screen time overall.
When borrowers fail to pay property taxes, allow their property to go into disrepair or miss scheduled mortgage payments, they could face loan default.
Property tax is a charge made on real estate that is owned by a person, a business, or another type of legal body. Property tax is most frequently a real estate ad-valorem tax, which is regarded as a regressive tax. It is computed by the local government in the area where the property is situated, and the owner is responsible for paying it. Usually, taxes are calculated based on the value of the assets that are possessed, including land. However, a lot of places additionally tax things like vehicles and boats that are tangible personal property. The local governing body will use the assessed taxes to pay for water and sewer improvements as well as for other community-beneficial services including libraries, law enforcement, fire protection, and road and highway building.
Learn more about property taxes here:
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Answer:
The financial service requires a total payment of $94,800, distributed in 6 annual payments of $15,800. Once said amount has been paid, the company invests said money and after the course of 6 years, pays 4 annual payments of $35,000, that is, a total payment of $140,000. In this way, after 10 years of the first payment by the client, this operation ends with a monetary gain on the part of the client of $45,200 (140,000 - 94,800).
Now, to know how much interest is being offered by this investment, we must perform the following cross multiplication:
94,800 = 100
45,200 = X
(45,200 x 100) / 94,800 = X
4,520,000 / 94,800 = X
47.67 = X
As we can see, this operation offers a return of 47.67% in interests.
Answer:
$2,848.94
Explanation:
first of all, we must determine the amount of money that we need to have in our account in order to be able to withdraw $25,000 in 10 years.
You will start making your semiannual deposits today and they will end in exactly 2 years, so we need to find out the present value of the $25,000 in two years:
PV = $25,000 / (1 + 3%)¹⁶ = $15,579.17
that is now the future value of our annuity due:
FV = semiannual deposit x FV annuity due factor (3%, 5 periods)
$15,579.17 = semiannual deposit x 5.46841
semiannual deposit = $15,579.17 / 5.46841 = $2,848.94
